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Associated Press • Wednesday September 11, 2013 1:21 AM

NEW YORK – Stocks rose and oil prices fell yesterday as the risk that the
United States might attack Syria appeared to fade.

Stocks set new highs in early August, but worries about Syria have pushed them lower since then.
Even though Syria isn’t a big oil producer, the possibility of a wider conflict in the region drove
oil prices to two-year highs last week.

Yesterday, investors were relieved that Syria has appeared to accept a proposal to put its
chemical weapons under international control for dismantling. The possibility that the U.S.-Syria
crisis might be resolved peacefully was a factor in the stock market’s gain on Monday, too.

The Dow Jones industrial average rose 127.94 points to close at 15,191.06. The Standard &
Poor’s 500 index rose 12.28 points, to 1,683.99, and the Nasdaq composite rose 22.84 points, to
3,729.02.

Crude oil, which closed above $110 a barrel on Friday, lost $2.13, almost 2 percent, to close at
$107.39 a barrel.

All 10 industry groups in the S&P 500 rose. The biggest gains were in financial and
industrial stocks.